Increasing Demand for Packaged Foods to Boost Consumption of Milk Fat and Oil

Published on : Sep 07, 2016

Albany, New York, September 7, 2016: Market Research Hub (MRH) has announced the addition of a new report, titled “Global Milk Fat and Oil Market to 2020 - Market Size, Growth, and Forecasts in Over 90 Countries,” to its offering. The report presents a comprehensive evaluation of the historical statistics, current market scenario, and future trends of the global milk fat and oil market. For the compilation of the report, information from a number of white papers, press releases, presentations, paid databases, and journals has been taken into account. 

The report presents a basic overview of the market including definitions, applications, research methodology, and classifications. It provides a holistic perspective of the market’s growth on the basis of types of milk fat and oil such as butter, dairy spreads, and others. These segments are analyzed at the global level as well as for over 90 countries including Australia, Belgium, Brazil, Canada, China, Denmark, Ethiopia, France, Germany, India, Iran, Japan, Kenya, Mexico, New Zealand, Russia, South Africa, Singapore, Tanzania, Turkey, the U.S., and the U.K. The report highlights the leading countries in terms of revenue. Several analytical tools are used to calculate the market size and growth rates. 

The authors of the report have meticulously analyzed the various factors influencing the growth of the global milk fat and oil market. The rising per capita consumption of dairy-rich products, especially in emerging markets such as Asia Pacific, is reflecting positively on the sales of milk fat and oil related products. The increasing consumption of junk and packaged foods has increased the usage of butter and other dairy spreads, thereby fuelling the growth of the market.

On the other hand, the growing popularity of non-dairy spreads such as margarine is adversely affecting the growth of the global milk fat and oil market. Rising concerns regarding health have reduced the consumption of dairy spreads. On an average, butter is composed of 82% of fats, out of which 4.1g/ 100g are trans fats. Whereas, margarine spreads are composed of 56% of fats, out of which just 0.2g/100g are trans fats. However, the shifting focus towards launches concentrating on low-fat butter and dairy spreads is likely to open new avenues for manufacturers. Moreover, manufacturers are opting for innovative packaging solutions for cheese and butter production to attract younger consumers. This factor is likely to give a boost to the global milk fat and oil market in the forthcoming years.

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The report offers qualitative and quantitative insights into the competitive landscape of the global milk fat and oil market. It profiles key manufacturers based on information such as market share, product picture and specifications, sales, and contact information. The companies are investing largely in the research and development of innovative and healthy dairy spreads and butter in order to boost their sales.

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